NIO Inc. Sponsored ADR Class A
Long
Zaktualizowano

NIO is another stock putting a smile on our faces. NIO

215
Another patterned impulse formation here with regular higher highs after pivoting, as per Fibonacci guidelines. We are quite confident this one is going up further.

This is a reflection using technical analysis + only and we do not consider valuation and macro factors at this stage.

The Fibonacci targets going down are highlighted in purples with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Uwaga
Goals in green, sorry.
Transakcja zamknięta: osiągnięto wyznaczony cel
All targets reached 01 July, 2021

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